2015-2016 Revenue Limit Worksheet
DISTRICT:
DATA AS OF 10/19/2015 10:15 AM
1.
Line 1 Amount May Not Exceed Line 11 minus Line 7B of Final 14-15 Revenue Limit
2.
2014-15 General Aid Certification (14-15 Line 12A, src 621)
5,840,105 3.
+
2014-15 Computer Aid Received (14-15 Line 17, Src 691)
30,112 4.
+
2014-15 Hi Pov Aid (14-15 Line 12B, src 628)
0 A.
+
2014-15 Fnd 10 Levy Cert (14-15 Line 18, Src 211)
10,495,179 B.
+
2014-15 Fnd 38 Levy Cert (14-15 Line 14B, Src 210)
1,068,778 C.
+
2014-15 Fnd 41 Levy Cert (14-15 Line 14C, Src 210)
500,000 5.
+
2014-15 Aid Penalty for Over Levy (14-15 FINAL Rev Limit Worksheet)
0 6.
2014-15 Total Levy for All Levied Non-Recurring Exemptions*
961,835 7.
Line 1 NET 2014-15 Base Revenue
16,972,339 A.
=
*For 2014-15 Non-Recurring Exemptions Levy Amount, enter actual amount for which district levied; (7B Hold Harmless, NonRecurring Referenda, Declining Enrollment, Energy Efficiency Exemption, Refunded/Rescinded Taxes, Prior Year Uncounted OpenEnroll. Pupils)
September & Summer FTE Membership Averages
2014
25
10
1,509
1,519
Line 6: Curr Avg:(13+.4ss)+(14+.4ss)+(15+.4ss) / 3 =
2013
2014
Summer fte:
20
25
% (40,40,40)
8
10
Sept fte:
1,539
1,509
Total fte
1,547
1,519
2015
31
12
1,500
1,512
=
Non-Recurring Exemption Amount:
Line 17 = A
=
(from left)
2015-16 Rev Limit, No Exemptions (Ln7A + Ln 7B)
(rounded)
Max Rev/Memb x Cur Memb Avg (Ln 5 x Ln 6)
Hold Harmless Non-Recurring Exemption
Total Recurring Exemptions (A+B+C+D+E)
Prior Year Carryover
Transfer of Service
Transfer of Territory/Other Reorg (if negative, include sign)
16,939,043
33,296
(rounded)
0
64,115
0
0
(Rounds to Dollar)
2015 Property Values (October 1, 2015 Values from DOR)
Required
0.00
0
0.00
0
35,609
X (Line 16 / C) (to 8 decimals)
A. 2015 Exempt Computer Property Valuation
B. 2015 TIF-Out Tax Apportionment Equalized Valuation
C. 2015 TIF-Out Value plus Exempt Computers (A + B)
(from left)
(with cents)
9.
2015-16 Limit with Recurring Exemptions (Ln 7 + Ln 8)
10.
A.
B.
C.
D.
E.
F.
G.
H.
11.
12.
A.
B.
Total 2015-16 Non-Recurring Exemptions (A+B+C+D+E+F+G+H)
Non-Recurring Referenda to Exceed 2015-16 Limit
Declining Enrollment Exemption for 2015-16 (from left)
Energy Efficiency Net Exemption for 2015-16 (see pg 2 for detail)
Adjustment for Refunded or Rescinded Taxes for 2015-16
Prior Year Open Enrollment (uncounted pupils)
Reduction for Ineligible Fund 80 Expends (enter as negative)
Environmental Remediation Exemption
Adjustment for New Choice Pupils in 2015-16 (FTE x line 5 above)
2015-16 Revenue Limit With All Exemptions (Ln 9 + Ln 10)
Total Aid to be Used in Computation (12A + 12B)
2015-16 OCTOBER 15 GENERAL AID CERTIFICATION
State Aid to High Poverty Districts (not all districts)
A.
B.
C.
15.
A.
B.
C.
D.
16.
Entries Required Below: Amnts Needed by Purpose and Fund:
Gen Operations: Fnd 10 including Src 211 & Src 691
Non-Referendum Debt (inside limit) Fnd 38 Src 211
Capital Exp, Annual Meeting Approved: Fnd 41 Src 211
Total Revenue from Other Levies (A+B+C+D)
Referendum Apprvd Debt (Non Fund 38 Debt-Src 211)
Community Services (Fnd 80 Src 211)
Prior Year Levy Chargeback for Uncollectible Taxes (Src 212)
Other Levy Revenue - Milwaukee & Kenosha Only
Total Levy + Src 691, "Proposed Levy" (Ln 14 + Ln 15)
0
33,301
410,385
1,092
4,386
0
0
99,903
5,381,568
0
33,301
THE OCTOBER 15 GENERAL AID CERTIFICATION MUST BE USED WHEN SETTING THE LEVY.
3
3 13. Allowable Limited Revenue: (Line 11 - Line 12)
(10, 38, 41 Levies + Src 691. Src 691 is DOR Computer Aid.)
11,100.29
Not >line 13
33,301 14. Total Limited Revenue To Be Used (A+B+C)
X (Line 5, Maximum 2015-2016 Revenue per Memb) =
Line 17: State Aid for Exempt Computers
(from left)
D. Federal Impact Aid Loss (2013-14 to 2014-15)
1,526
Line 10B: Declining Enrollment Exemption =
Average FTE Loss (Line 2 - Line 6, if > 0)
X 1.00
Base Sept Membership Avg (12+.4ss, 13+.4ss, 14+.4ss/3)
2014-15 Base Revenue Per Member (Ln 1 / Ln2)
2015-16 Per Member Change (A+B)
Allowed Per Pupil Change (15-16 = +$0.00/Member)
Low Rev Incr ((9,100 - (3 + 4A))-4C) Not < 0
Low Rev Dist in CCDEB (Enter DPI Adjustment)
2015-16 Maximum Revenue / Member (Ln 3 + Ln 4)
Current Membership Avg (13+.4ss, 14+.4ss, 15+.4ss/3)
1,529 E. Recurring Referenda to Exceed (If 2015-16 is first year)
Count Ch. 220 Inter-District Resident Transfer Pupils @ 75%.
Line 2: Base Avg:(12+.4ss)+(13+.4ss)+(14+.4ss) / 3 =
2012
2013
Summer fte:
22
20
% (40,40,40)
9
8
Sept fte:
1,512
1,539
Total fte
1,521
1,547
B.
8.
A.
B.
C.
2014-15 Base Revenue (Funds 10, 38, 41)
+
+
=
9,202,400
3,144,635,608
3,153,838,008
Computer aid replaces a portion of proposed Fund 10 Levy
17. Est Src 691 (Comp Aid) Based on Ln 16 & Values Entered
9,209,225
1,134,728
1,860,000
(A+B+C+D):
0
0
0
0
12,168,344
(to Budget Rpt)
18. Fnd 10 Src 211 (Ln 14A-Ln 17), 2015-16 Budget
Line 18 (not 14A) is the Fund 10 Levy certified by the Board.
CELL COLOR KEY:
Auto-Calc
DPI Data
District Enters
19. Total Fall, 2015 All Fund Tax Levy (14B + 14C + 15 + 18)
Line 19 is the total levy to be apportioned in the PI-401.
Levy Rate =
Districts are responsible for the integrity of the revenue limit data & computation. Data appearing here reflects information submitted to DPI and is unaudited.
16,972,339
1,529
11,100.29
0.00
11,100.29
1,526
16,972,339
64,115
<<Enter if not pre-filled
17,036,454
549,067
<<Enter if not pre-filled
<<Enter if not pre-filled
<-Do not change!
17,585,521
5,381,568
ING THE LEVY.
12,203,953
12,203,953
(Proposed Fund 10)
(to Budget Rpt)
(to Budget Rpt)
0
(to Budget Rpt)
(to Budget Rpt)
(to Budget Rpt)
12,203,953
35,609
9,173,616
12,168,344
0.00386956
unaudited.
Worksheet is available at: http://sfs.dpi.wi.gov/sfs_revlimworksheet
Revenue Limit-Related Categorical Aid
2015 Act 55 (2015-17 Budget) has retained the revenue limit-related categorical Per-Pupil Aid at a rate of $150
multiplied by Line 6 (Current 3-Year Average) of the Revenue Limit computation. Revenue is coded to Source 619. The
computation of Per-Pupil Aid uses information from the district's Revenue Limit Computation, but is paid OUTSIDE of
the Revenue Limit. See http://sfs.dpi.wi.gov/perpupil for more information.
DPI Reconciliation
The levies in this "DPI Reconciliation" box are now being loaded from the PI-401,
Fall, 2015 Levy Certifications submitted by districts.
2015-16 ENERGY EFFICIENCY EXEMPTION NET TOTAL - LINE 10C.
Users can still use this worksheet to test levy amounts by entering data into
cells I39-I46. Once your actual levies have been submitted, get a clean copy of
this worksheet from the DPI Internet to verify your penalty status. Data will be
updated daily until November 10.
Fund 10, PI-401
Fund 38, PI-401
Fund 41, PI-401
0
0
0
Chargeback, PI-401
Fund 39, PI-401
Fund 80, PI-401
Fund 48/Other, PI-401
0
0
0
0
Total, PI-401
0
Computer Aid
0 < - Do not change!
(Carry bright yellow box amount to Line 10C. on page 1. See detail computation boxes below.)
ENTER ALL NUMBERS AS POSITIVE EXCEPT WHERE INDICATED. FORMULAS WILL AUTO-CALCULATE.
1.) 2013-14 Adjustment for Unspent Energy Exemption
2.) 2014-15 Adjustment for Unspent Energy Exemption
3.) 2015-16 EE Expenses for 1-Year Projects per Board Resolution
4.) 2015-16 EE Expenses for Debt per Board Resolution
5.) Measured Utility Savings Applied to 2015-16 (entered as a negative)
6. Total 2015-16 Energy Efficiency Exemption (carry to Line 10 C. on page 1)
0
0
You have levied to your maximum.
Eligible carryover into subsequent year:
$0
(Amount can be < 0.)
Input Details Below
Results
Total Non-Recurring Exemptions:
LEVIED Total Non-Recurring Exemptions:
(to be removed from subsequent year's base)
$0
$0
$0
$0
$0
582,363
582,363
0
2013-14 Energy Efficiency Reconciliation
1.) 2013-14 Adjustment for Unspent Energy Exemption (-A+B+C+D+E, can be < 0)
A. 2013-14 EE Expenses per BOE Resolution (entered as a negative)
B. 2013-14 Actual EE Expenses per 13-14 PI-1506AC (10P 254000 000)
C. Jan-Jun 2014 Debt Service Payment (per 14-15 PI-1506AC)
D. Jul-Dec 2014 Debt Service Payment (per 14-15 PI-1506AC)
E. Penalty Taken from 2014-15 Base Revenue Limit Computation
(If Line 1 < 0, see "2015-16 Net Energy Efficiency Exemption" box above.)
2014-15 Energy Efficiency Reconciliation
1.) 2014-15 Adjustment for Unspent Energy Exemption (-A+B, can be < 0)
A. 2014-15 EE Resolution Expenses per 14-15 PI-1506AC (entered as a negative)
B. 2014-15 Actual EE Expenses per 14-15 PI-1506AC (10P 254000 000)
(If Line 1 < 0, see "2015-16 Net Energy Efficiency Exemption" box above.)
2
$0
$0
$0
$0
$0
$0
$0
-$700,000
$0
14-15 PI-1506-AC REPORTED DEBT FUNDING. WILL BE VERIFIED IN THE PI-1506-AC IN SEPTEMBER, 2016.
The 2014-15 Adjustment for Unspent Energy Exemption related to debt cannot be calculated until the 2015-16 PI1506-AC is submitted in September, 2016, after actual calendar year 2015 debt payments are available.
This adjustment will be incorporated into Line 10C of the 2016-17 Revenue Limit Calculation.
Users should enter estimated levy amounts into Lines 14 & 15 (cells I36-I43) in the actual spreadsheet to the left for testing. The
Revised: 10/1/2015 11:00 AM